Shadow20002
10-27-2003, 03:02 PM
Microsoft reports its game-console revenues are up by $53 million. PC game earnings also increase.
As part of its third-quarter 2003 earnings report, Microsoft announced today that earnings at its Home and Entertainment arm increased 20 percent to $581 million, compared to a $485 million year ago.
The reason? Games, pure and simple. Xbox revenue was up by $53 million--20 percent--from Q3 2002, with the sales of consoles, games, and peripherals bringing in $85 million total. The software behemoth credited its Xbox holiday offering--$179 for the console, an S-controller, two games (Star Wars: Clone Wars and Tetris: Worlds), and a month of free Xbox live--for helping move Xboxes. However, the deal did cut into its bottom line, offsetting total Xbox income by $32 million. No hard numbers of actual console sales were made available.
Microsoft's PC games also sold well, although the company lumped in its earnings with revenue from consumer hardware and software. The three division's combined income increased $43 million, or 19 percent, compared to a year ago.
Source@ (http://www.gamespot.com/all/news/news_6077286.html)
As part of its third-quarter 2003 earnings report, Microsoft announced today that earnings at its Home and Entertainment arm increased 20 percent to $581 million, compared to a $485 million year ago.
The reason? Games, pure and simple. Xbox revenue was up by $53 million--20 percent--from Q3 2002, with the sales of consoles, games, and peripherals bringing in $85 million total. The software behemoth credited its Xbox holiday offering--$179 for the console, an S-controller, two games (Star Wars: Clone Wars and Tetris: Worlds), and a month of free Xbox live--for helping move Xboxes. However, the deal did cut into its bottom line, offsetting total Xbox income by $32 million. No hard numbers of actual console sales were made available.
Microsoft's PC games also sold well, although the company lumped in its earnings with revenue from consumer hardware and software. The three division's combined income increased $43 million, or 19 percent, compared to a year ago.
Source@ (http://www.gamespot.com/all/news/news_6077286.html)